Robin Energy (RBNE) entered into a securities purchase agreement with a single institutional investor to purchase 6,540,000 common shares at an offering price of $1.07 per share and an offering price of $1.069 per pre-funded warrant, for gross proceeds of approximately $7M before deducting commissions and offering expenses, in a registered direct offering. Maxim Group is acting as the sole placement agent for the Offering. Robin Energy currently intends to use the net proceeds from the Offering for working capital and general corporate purposes. The Offering is expected to close on or about October 27, 2025, subject to the satisfaction of customary closing conditions.
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